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Listed by Sergey Esayan • Real Estate eBroker Inc.
$1,199,000
Est. payment /mo
10,245 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPF25265259
Lot Size 10,245 Sqft
Property Sub-Type Other Residential Land
Source California Regional MLS
Property Description
Incredible development opportunity in the heart of Sylmar! This offering includes RTI-ready architectural renderings and full plan set for a striking, modern 18-unit multifamily apartment project featuring a sleek contemporary façade, rooftop common areas, and subterranean parking. Perfect for builders, investors, and developers looking for a shovel-ready project in a rapidly growing pocket of the San Fernando Valley. Situated on a 10,242 sq. ft. lot, the approved design includes 18 thoughtfully planned units (mix of 1BR & 2BR layouts), a 1-level subterranean garage, elevator access, and beautiful landscaping with drought-tolerant California natives. The project also incorporates Low Impact Development (LID) drainage systems, permeable hardscape, a sump pump system, and drywell infiltration per city requirements-providing long-term sustainability and compliance. The modern architectural design showcases expansive glass elements, a bold exterior palette, and clean lines, creating a standout building in a neighborhood surrounded by both multi-family and single-family homes. This prime location offers convenient access to the 210 & 5 freeways, Mission College, Veterans Park, shopping, restaurants, and public transportation.
Location
State CA
County Los Angeles
Area Syl - Sylmar
Zoning D0
Exterior
View None
Building
Water District - Public
Others
Tax ID 2509013027
Special Listing Condition Not Applicable
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